Export duty of wheat from Russia from February 23 will decrease to $91 per ton
The duty on export of wheat from Russia from February 23 to March 2 will decrease to $91 per ton against $92.8 a week earlier, the Ministry of Agriculture of the Russian Federation said.
The export duty on barley will decrease from $74.1 to $73.3 per ton, the duty on corn will decrease from $52.7 to $52.2 per ton.
The export duty rate for wheat and meslin (a mixture of wheat and rye) is calculated on the basis of an indicative price of $330.1 per ton, for barley – at a price of $289.8 per ton, for corn – $259.6 per ton. The rates are applied from the third working day after the day of their placement and are valid until the next duty rates are applied.
Type of grain crop | Indicative prices, USD | Export customs duty rate, USD |
Wheat | 330,1 | 91,0 |
Barley | 289,8 | 73,3 |
Corn | 259,6 | 52,2 |
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